7221 Loretto Ave, Philadelphia - Near Northeast, PA 19111 - For Sale
Great investor opportunity!!! Keep the current tenants, or live on one floor and let the rent pay your mortgage. This corner brick duplex is located in the heart of ne. Philadelphia, 2 blocks from castor & cottman. All new 200 amp electric with separate meters and new fire alarm all to phila. Code, ( a $9000 upgrade). Some new drywall, freshly painted, updated baths, new concrete, new garage roof and 1 year warranty on the main house roof. Each unit is identical with 2 bedrooms and 1 bathroom, with nice size living rooms and eat-in kitchens. The basement has been refinished and can be used for additional storage, a laundry room, or, change the zoning, and rent out the basement for an additional $325/month income. Both units as well as the basement have separate electric. Newer heaters and hot water heaters. Garage is currently rented out separately for an additional $100/mo. Nothing to do except to collect the rents which are underpriced as there have been no increases in two years.
7221 Loretto Ave - listing #1964209
- Type: Row House/Townhouse/Cluster
- Price: 245,000
- MLS#: 7081376
- Letest update: 11/09/17
- Area Size (SF): N/A
Status: For Sale
Added: 2017-11-09 Updated: 2017-11-09
Philadelphia - Near Northeast, PA 19111 US
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Useful information about Philadelphia, PA 19111 location:
The population of this area is about 58,874. The Average count of Households in this area is 25,136. Black population is about 3,586, White Population is about 49,542, Hispanic Population is about 3,655, Asian Population is about 2,764, Hawaiian Population is about 16, Indian Population is about 111, Other Population is about 1,793. Average Houses in this area is 85,100. Average Income per Household is $37,996. Median Age of population is 38.8 years.
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